KIMS has set September 13 as the record date for its 1:5 stock split. As of noon, KIMS shares are flat at Rs 2,663.40.
Krishna Institute of Medical Sciences (KIMS) has designated September 13, 2024, as the record date for its inaugural stock split, which will subdivide each existing equity share of Rs 10 into five new shares with a face value of Rs 2 each. This decision was announced at the company's annual general meeting on August 29.
As of 12:02 PM on September 13, 2024, the share price of KIMS remains unchanged at Rs 2,663.40, showing no movement from the previous day’s close. KIMS shares have grown substantially over the past two years, more than doubling in value. This year, the stock has increased by 24.35%, with a year-to-date gain of 36%. The shares are trading significantly above key moving averages and are in overbought territory, as indicated by a high Relative Strength Index (RSI).
KIMS operates as a leading corporate healthcare group in India, with hospitals in Telangana, Andhra Pradesh, and Maharashtra, providing comprehensive and affordable healthcare services.
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